Quotes About Strategy

She also would spend time learning public relations, an important skill.

Hundreds of years ago in ancient Japan, Japanese farmers began using options to protect the price of their rice crops.

they close their minds to another powerful investment vehicle

she was saying, "Options are risky." To me, not protecting your assets is risky. To me, being financially ignorant is risky. Knowing how to use options to protect your paper assets is easy and not that hard to

Knowing how to use options to protect your paper assets is easy and not that hard to do.

Your profit is made when you buy, not when you sell.

An investor is a person who actively manages his or her own portfolio or account.

This Book Is About Leverage

An investor wants the investment to return their money as quickly as possible, all the while holding on to the asset.

Rich people are often creative and take calculated risks. People who take the longest are people who are not familiar with numbers and often do not understand the power of investing.

A person needs to spend more if they want to become rich, but they must know how to spend and what to spend on in order to become rich.

I would rather use borrowed money to get rich rather than use my own money

you need to be both an investor and a trader.

the rich have already made their money prior to the public even being aware that the company exists.

An investor knows what to analyze and how to manage investments. A trader knows how and when to buy and sell.

That means the rich often invest with much lower risk and with the potential of much higher returns.

I advised that he sell it, using a 1031 tax-deferred exchange.

instead of investing in a mutual fund or public stock, the rich have invested via a private placement memorandum, also known as a 506 Reg D.

Investing in mutual funds is investing at the end of the food chain.

Many "day traders" eventually lose or go broke because they have poor personal money-management fundamentals.

Professional investors are people who risk little of their own money and yet still make the highest returns.

To me, that is leverage worth living for.

the rich will get richer because they will be involved in pre-IPO offerings.

Good to Great, Jim Collins